Quiz
Chapter 11 M/C Part 2
Create a free account to finish this quiz
Save your progress and see your final score.
Already have an account? Sign in
Questions in this quiz (16)
134. _____ are/is a qualitative risk analysis tool that maintains an awareness of risks throughout the life of a project in addition to identifying risks
- Aa. SharePoint portal
- Bb. Probability/impact matrices or charts
- Cc. Expectations management matrix
- Dd. Top Ten Risk Item Tracking
235. Identifying risks is a subprocess of the _____ process of project risk management.
- Aa. planning
- Bb. executing
- Cc. monitoring and controlling
- Dd. closing
336. Performing qualitative and quantitative risk analyses are subprocesses of the _____ process of project risk
management.- Aa. planning
- Bb. executing
- Cc. monitoring and controlling
- Dd. closing
437. A(n) _____ is a diagramming analysis technique used to help select the best course of action in situations in which
future outcomes are uncertain.- Aa. decision tree
- Bb. activity-on-arrow
- Cc. workaround
- Dd. backward pass
538. _____ analysis simulates a model’s outcome many times to provide a statistical distribution of the calculated results.
- Aa. Sensitivity
- Bb. Systems
- Cc. Monte Carlo
- Dd. NPV
639. What is the first step in a Monte Carlo analysis?
- Aa. Determine the probability distribution of each variable.
- Bb. For each variable, such as the time estimate for a task, select a random value based on the probability
distribution for the occurrence of the variable. - Cc. Assess the range for the variables being considered.
- Dd. Run a deterministic analysis or one pass through the model using the combination of values selected for each
one of the variables.
740. A _____ is a technique used to show the effects of changing one or more variables on an outcome.
- Aa. sensitivity analysis
- Bb. decision tree
- Cc. Monte Carlo analysis
- Dd. systems analysis
841. _____ involves eliminating a specific threat, usually by eliminating its causes.
- Aa. Risk avoidance
- Bb. Risk acceptance
- Cc. Risk transference
- Dd. Risk mitigation
942. _____ involves reducing the impact of a risk event by reducing the probability of its occurrence.
- Aa. Risk avoidance
- Bb. Risk acceptance
- Cc. Risk transference
- Dd. Risk mitigation
1043. _____ involves doing whatever you can to make sure the positive risk happens.
- Aa. Risk exploitation
- Bb. Risk sharing
- Cc. Risk enhancement
- Dd. Risk acceptance
1144. _____ involves shifting the consequence of a risk and responsibility for its management to a third party.
- Aa. Risk avoidance
- Bb. Risk acceptance
- Cc. Risk transference
- Dd. Risk mitigation
1245. _____ involves allocating ownership of the risk to another party.
- Aa. Risk exploitation
- Bb. Risk sharing
- Cc. Risk enhancement
- Dd. Risk acceptance
1346. _____ involves changing the size of the opportunity by identifying and maximizing key drivers of the positive risk.
- Aa. Risk exploitation
- Bb. Risk sharing
- Cc. Risk enhancement
- Dd. Risk acceptance
1447. _____ applies to positive risks when the project team cannot or chooses not to take any actions toward a risk.
- Aa. Risk enhancement
- Bb. Risk acceptance
- Cc. Risk sharing
- Dd. Risk exploitation
1548. _____ risks refer to those that are direct results of implementing risk responses.
- Aa. Architectural
- Bb. Primary
- Cc. Residual
- Dd. Secondary
1649. _____ are unplanned responses to risk events used when project teams do not have contingency plans in place.
- Aa. Workarounds
- Bb. Fallback plans
- Cc. Contingency plans
- Dd. Triggers
Information
- Description
- CIS 4375 Quiz on Chapter 11 M/C Part 2, created by . . on 17/10/2017.
- Author
- . .
- Language
- English
- Views
- 10
- Tags
- Rating
- No ratings yet Rate this quiz